Japan's Hino Motors Invests $17.2 Million In Colombian Assembly Plant
The plant, located in the municipality of Cota, near Colombia's capital, is Hino's first assembly plant in Latin America, the ministry added in a press release.
The plant will produce 400 to 500 trucks per month for Colombia and other Latin American markets, the ministry added.
Luis Guillermo Plata, Colombia's trade minister, said Japanese investors are returning to Colombia, attracted by improved security conditions and legal stability.
Colombia is expected to lure $10.26 billion in foreign direct investment in 2008, up from $9.04 billion registered in 2007.
-By Diana Delgado, Dow Jones Newswires; 571-6107044 ext 1132; diana.delgado@dowjones.com
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(END) Dow Jones Newswires
December 03, 2008 17:14 ET (22:14 GMT)
Publié le 03 Décembre 2008 Copyright © 2008 Dowjones
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